• About
  • Advertise
  • Contact
Thursday, September 11, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Business

Reps. Committee On Solid Minerals Backs Dangote’s Industrialization Stride

Vital News by Vital News
August 30, 2024
in Business, Economy, News
0
Reps. Committee On Solid Minerals Backs Dangote’s Industrialization Stride
Share on FacebookShare on Twitter

Members of the House of Representatives Committee on Solid Minerals has lauded Dangote Group’s industrialization stride in Nigeria.

The committee members gave the commendation when they visited Dangote Cement Plc in Obajana, Kogi State.

The lawmakers expressed delight at the significant economic impact the company has made in Nigeria’s cement subsector.

Speaking during the visit, Hon. Gaza Jonathan Gbefwi, Chairman of the House Committee on Solid Minerals, who led his team to the Dangote Cement Plant, emphasized the need for collaboration between Nigeria’s political leaders and investors to drive the country’s industrialization.

He noted that Dangote Cement has paved the way with its substantial investments, job creation, tax contributions, and more.

RelatedStories

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

The Chairman emphasized that everyone must work together to ensure Nigeria’s progress.

According to him, the visit by the joint subcommittee on Solid Minerals and Commerce was partly aimed at investigating the reasons behind the current cement prices and collaboratively seeking solutions.

Responding to the be visitors’ question on current prices, Mr. Arvind Pathak, Group Managing Director of Dangote Cement Plc, stated that cement inputs are dollar driven except limestone which is found in Nigeria.

Some of these inputs, according to him include: machineries, spare parts, the gas for fuel and Gypsum which is one of the raw materials.

Mr. Pathak explained that the rise and instability in foreign exchange rates have been significant factors contributing to the current prices of cement products.

He said Dangote Group is Nigeria’s largest employer outside of government.

He also explained that compared to 2021, the salaries of the company’s employees have been increased by 21.3% in 2022 to 47.5% in 2023 and 63.2% in 2024.

The salary increase was meant to meet up the inflation in the country.

Also commenting, the Plant Director, Dangote Cement Plc, Obajana, Engr Azad Nawabuddin emphasized that the transport segment of the Cement company has introduced CNG trucks to its fleet.

He also said that the company has invested in alternative fuel projects to demonstrate its initiatives to cleanup Nigeria.

The Alternative fuel project uses biomass waste which is blocking the fertile land as a source of clean energy.

The ambition of the company is to make Nigeria visible for its contribution towards reduction in Global warming.

Engr Nawabuddin, who also spoke to newsmen on the sideline of the tour by the lawmakers, said the social intervention schemes of the company run into billions of naira, adding that the company would not rest on its oars.

The Plant Director said that by incorporating advanced technologies and maintenance strategies, Dangote Cement has upheld operational efficiency while upholding its social commitments.

Some of the community related intervention schemes embedded in the Community Development Agreement (CDA), he said, include: provision of scholarship, construction of blocks of classrooms, construction of boreholes, building of hospitals and construction, and rehabilitation road networks.

Engr. Nawabuddin explained that the company has delivered a multimillion naira health facility at Iwaa, one of the mining communities, as well as launched several other empowerment schemes.

He also told newsmen that the Dangote Cement Plc is set to deliver a multimillion naira Aliko Dangote Skills Development Centre in Lokoja, the Kogi State capital.

According to him, the company is one of the biggest tax payers in the country, surpassing the banking sector in 2023.

The lawmakers also visited the Dangote Plant at Okpella Edo State

Plant Director, Dangote Cement Plc, Okpella, Edo State, Engr Ismail Muhammad, said the company has invested hugely in state-of-the art facility in is bid achieve operational efficiency.      (vitalnewsngr.com)

Tags: cementcommitteeDangoteObajana
Previous Post

Group Ascribes Improved GDP Figure To Success Of Tinubunomics

Next Post

Late Nigeria’s First Olympic Games Medalist, Nojim Maiyegun Buried In Austria

Vital News

Vital News

RelatedStories

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes
National

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

September 10, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi
Crime

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

September 10, 2025
Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years
Business

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

September 10, 2025
Alleged $7.2billion Fraud :  Ex-NNPC CEO, Mele Kyari In EFCC Custody
Crime

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

September 10, 2025
Photo News : President Bola Tinubu Visits President Emmanuel Macron In France
National

Photo News : President Bola Tinubu Visits President Emmanuel Macron In France

September 10, 2025
Next Post
Late Nigeria’s First Olympic Games Medalist, Nojim Maiyegun Buried In Austria

Late Nigeria's First Olympic Games Medalist, Nojim Maiyegun Buried In Austria

NNPCLtd. Dismisses Atiku’s Allegation Of Hijack By Corporate Cabals Around President Tinubu

NNPCL Reveals Plan To Hand Over Warri, Kaduna Refineries To Private Operators

Tinubu Removes Solomon Arase As Chairman  Of Police Service Commission

Police Service Commission Promotes 8CPs To AIGs, 15 DCPs To CPs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Go After Terrorists, Restructure Nigeria Now – Afenifere Urges Tinubu

Do Not Be Distracted By Atiku’s Visit to Daura, TDF Tells Tinubu

1 year ago
Women Critical To Achievement Of Peace In Any Society – Orabueze

Women Critical To Achievement Of Peace In Any Society – Orabueze

12 months ago
Ododo Confirms Arrest Of Some Suspects Behind Killing Of 25 Persons In Kogi Community

Ododo Confirms Arrest Of Some Suspects Behind Killing Of 25 Persons In Kogi Community

1 year ago
NSF Tragedy : Abiodun Sends Delegation To Kano, Supports Victims’ Families With N31mln

Niger Seeks Dangote Group’s Partnership To Unlock Crude Oil Potentials

3 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

A CALL TO SAVE KOGI STATE’S EDUCATIONAL SYSTEM by Friday Ogungbemi

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

Photo News : President Bola Tinubu Visits President Emmanuel Macron In France

Kogi Police Command Confirms killing Of Three Officers By Gunmen

Trending

2027 : Former APC National Chairman, John Oyegun, Aregbesola, Atiku, David Mark, Obi, Amaechi Team Up Against Tinubu
Politics

INEC Recognises Mark, Aregbesola As New National Officers Of ADC

by Vital News
September 10, 2025
0

The Independent National Electoral Commission (INEC) has formally recognized former Senate President David Mark as the new...

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

September 10, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

September 10, 2025
Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

September 10, 2025
Alleged $7.2billion Fraud :  Ex-NNPC CEO, Mele Kyari In EFCC Custody

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

September 10, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • INEC Recognises Mark, Aregbesola As New National Officers Of ADC September 10, 2025
  • 2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes September 10, 2025
  • Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi September 10, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In